which of the following best defines the concept of a relevant cost?
It’s the cost the consumer is paying to purchase the product or service.
B.It is the cost the company is willing to pay and the consumer is willing to accept.
The costs of a particular product or service are as stated by the manufacturer to the consumer.C.The cost of a particular service is the cost the product or service has to pay for in order to get to that service.D.In order to get to that service, the consumer has to buy the service directly from the manufacturer.
This is a big deal for a company like Arkane’s for making a profit.
Some people find it difficult to make money off of a new product. For example, when I was doing a project for a toy company which I had to pay back for, I would be able to spend $200 to get one. So I would have to buy an entire new toy for that price.
I am a very big fan of “revenue share” and it is a great way to make sure that your company is doing well enough to justify a new item. The point is there is no one “right way” to do it. Just because you can take a company’s gross sales a year ago and put it in profit, doesn’t mean you can just do that every year.
Just because you can put $200 dollars in profit, doesnt mean you can simply do that every year. It means you have to change your ways, even if it costs you money. Thats why you have to do a little bit of research to get the best ways on how to make the best use of your resources.